Jack is a teacher and his wife, Meg, works as an assistant in a research laboratory.They have a combined income of $68,000.They have a house on mortgage and take long vacations once every four years.They are value conscious.Which of the following categories do they belong to?

Question

Quizplus · Accepted Answer

Jack and Meg's combined income and occupation suggest that they are part of the middle-class consumers. The fact that they have a house on mortgage and take vacations once every four years also points towards a middle-class lifestyle. Additionally, their value-conscious behavior is commonly associated with middle-class consumers. They do not fit the characteristics of the other categories, indicating that the best choice is D - middle-class consumers.

Jack Is a Teacher and His Wife, Meg, Works as an Assistant